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Credit card APRs have an 'economically meaningful' impact on consumer spending, Boston Fed finds

Summary by CNBC
When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston.

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Credit card APRs have an 'economically meaningful' impact on consumer spending, Boston Fed finds

When credit card rates go up, borrowers spend less on plastic, according to a research paper by the Federal Reserve Bank of Boston.

·United States
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CNBC broke the news in United States on Tuesday, March 31, 2026.
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